Janney Capital Management LLC Sells 25,264 Shares of UBS Group AG (NYSE:UBS)

Janney Capital Management LLC lessened its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 5.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 438,527 shares of the bank's stock after selling 25,264 shares during the period. Janney Capital Management LLC's holdings in UBS Group were worth $13,432,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UBS. City Holding Co. acquired a new position in UBS Group during the first quarter valued at approximately $25,000. Grove Bank & Trust acquired a new position in UBS Group during the first quarter valued at approximately $28,000. Rakuten Securities Inc. acquired a new position in UBS Group during the fourth quarter valued at approximately $30,000. Headlands Technologies LLC acquired a new position in UBS Group during the fourth quarter valued at approximately $33,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in UBS Group during the fourth quarter valued at approximately $41,000.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on UBS shares. Royal Bank Of Canada restated an "outperform" rating on shares of UBS Group in a research note on Wednesday, May 21st. DZ Bank upgraded shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Jefferies Financial Group upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Tuesday, June 3rd. Bank of America downgraded shares of UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Finally, Wedbush restated a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold".

UBS Group Stock Performance

UBS stock traded down $0.39 during midday trading on Friday, hitting $30.39. The stock had a trading volume of 4,216,304 shares, compared to its average volume of 2,424,131. The firm has a market capitalization of $97.43 billion, a price-to-earnings ratio of 20.12, a P/E/G ratio of 0.82 and a beta of 1.16. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The stock has a 50-day simple moving average of $31.17 and a 200 day simple moving average of $31.91. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.72.

UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. The firm had revenue of $11.90 billion during the quarter, compared to analysts' expectations of $10.19 billion. UBS Group had a return on equity of 5.82% and a net margin of 7.13%. As a group, equities research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.